Common use of Voluntary Resignation and Termination for Cause Clause in Contracts

Voluntary Resignation and Termination for Cause. If the Employee voluntarily resigns from the Company or is terminated for Cause following the Change of Control, then the Employee shall not be entitled to any acceleration of the vesting of his or her unvested options or lapse of repurchase rights with respect to his or her restricted stock.

Appears in 3 contracts

Samples: Change of Control Agreement (Rita Medical Systems Inc), Change of Control Agreement (Rita Medical Systems Inc), Change of Control Agreement (Rita Medical Systems Inc)

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Voluntary Resignation and Termination for Cause. If the ----------------------------------------------- Employee voluntarily resigns from the Company or is terminated for Cause following the Change of Control, then the Employee shall not be entitled to any acceleration of the vesting of his or her unvested options or lapse of repurchase rights with respect to his or her restricted stock.

Appears in 2 contracts

Samples: Change of Control Agreement (Rita Medical Systems Inc), Change of Control Agreement (Rita Medical Systems Inc)

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Voluntary Resignation and Termination for Cause. If the Employee voluntarily resigns from the Company, the Subsidiary or any other affiliate of the Company or is terminated for Cause following the Change of Control, then the Employee shall not be entitled to any acceleration of the vesting of his or her unvested options or lapse of repurchase rights with respect to his or her restricted stock.

Appears in 1 contract

Samples: Change of Control Agreement (Rita Medical Systems Inc)

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